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August 2010 Blog Posts (7)

Maryland bill provides foreclosure mediation for homeowners

Maryland bill provides foreclosure mediation for homeowners



By Ovetta Wiggins











Beginning this summer, Maryland homeowners at risk of losing their properties will have another option to stave off foreclosure.



The Maryland General Assembly this week approved a mediation program that will give homeowners a chance to meet with lenders and an administrative law judge to discuss ways to stay…
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Added by Short Sale Guru on August 27, 2010 at 10:00am — No Comments

Maryland Foreclosure Prevention Information

Foreclosure Prevention Information







Since the national foreclosure crisis began in 2007, Governor O'Malley has aggressively worked to save Marylanders' homes. Maryland has been at the forefront of efforts to combat the crisis and preserve…

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Added by BBT Real Estate Group on August 27, 2010 at 8:30am — No Comments

Should you cut your losses (Short Sales)

A new real estate algorithm: Cut your losses

Balancing the 'short sale'

By Scott Cousins













When it comes to mortgage payments, conventional wisdom says there's a simple algorithm about cash flow: If you don't have enough, your home is in real danger. And if you owe more than your home is worth - known as "being underwater" - you're out of luck.



But that's…
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Added by Short Sale Guru on August 18, 2010 at 7:59pm — No Comments

Selling Your Home In A Down Market

Selling Your Home In A Down Market…

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Added by BBT Real Estate Group on August 15, 2010 at 2:47pm — No Comments

Borrowers underwater on their mortgages reach 20%

20% of mortgages are underwater

by Les Christie











More than 20% of the nation's mortgage borrowers owe more than their homes are worth.



At 21.5% for the third quarter, it is a small improvement over the previous quarter, when 23.3% of loans were underwater, according to real estate website Zillow.com.



This so-called negative equity is a hotly watched statistic because it is a prime predictor…
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Added by Short Sale Guru on August 9, 2010 at 7:30am — No Comments

10 Worst First-Time Homebuyer Mistakes 2010

10 Worst First-Time Homebuyer Mistakes 2010
by Amy Fontinelle, Investopedia.com












1. Not Knowing What You Can Afford

As we've all learned from the subprime mortgage mess, what the bank says you can afford and what you… Continue

Added by BBT Real Estate Group on August 4, 2010 at 6:00pm — No Comments

Prepping Your Produce

Prepping Your Produce









You're trying to eat five daily servings of vegetables and fruits every day to stay in the best of health. But what about all those news stories about food-borne illnesses?




When we think of foodborne illness, we usually think of meat or dairy products as…
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Added by Right at Home DC on August 3, 2010 at 7:30am — No Comments

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Henri-Fr�d�ric Amiel

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